With 2.23 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.12 million shares. The 52-week range on HALO shows that it touched its highest point at $70.50 and its lowest point at $42.01 during that stretch. It currently has a 1-year price target of $67.00. Beta for the stock currently stands at 1.15.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HALO was down-trending over the past week, with a drop of -19.95%, but this was down by -9.35% over a month. Three-month performance dropped to -7.95% while six-month performance fell -9.07%. The stock gained 16.31% in the past year, while it has gained 11.47% so far this year. A look at the trailing 12-month EPS for HALO yields 3.77 with Next year EPS estimates of 7.16. For the next quarter, that number is 1.21. This implies an EPS growth rate of 26.57% for this year and 33.81% for next year.
Float and Shares Shorts:
At present, 123.17 million HALO shares are outstanding with a float of 121.86 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HALO since 7 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.18831 being high and $4.07835 being low. For HALO, this leads to a yearly average estimate of $4.12833. Based on analyst estimates, the high estimate for the next quarter is $1.51 and the low estimate is $1.18. The average estimate for the next quarter is thus $1.41.
